#PowellRemarks

#PowellRemarks refers to recent comments made by U.S. Federal Reserve Chair Jerome Powell regarding the state of the U.S. economy and monetary policy. In his remarks, Powell highlighted persistent inflation concerns, noting that while progress has been made, inflation remains above the Fed’s 2% target. He emphasized the need for continued caution, suggesting that interest rate cuts may be delayed until there’s greater confidence that inflation is sustainably decreasing. His tone was more hawkish than expected, which influenced markets, causing volatility in stocks and bonds. Powell's comments are closely watched for signals on future Fed policy direction and economic outlook.